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Toyota Sienna Lease Questions

259 messages, Last post on Nov 10, 2009 at 7:15 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
| what is the best money factor and residual you have found on a Sienna lease (XLE AWD)? I'm in northern ca. | |
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Hi Car_man Can you please get me the 36 month/15K MF and Residual for the 08 Sienna AWD, XLE and LE trim line. Thanks Andy |
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Hi Car_man Can you please get me the 36 month/12K MF and Residual for the 08 Sienna FWD, XLE and LE trim line. You can ignore my prior post asking for the AWD lease rates. Thanks Andy
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Replying to: andy2812 (Jun 12, 2008 5:58 pm) Keep in mind though that TFS places restrictions upon what options can be residualized. This makes it very difficult to calculate the actual dollar residual values for vehicles, so much so that Toyota provides dealers with lists of the residual values for the units that they have in inventory instead of having them calculate them on their own. As a result, it is difficult for consumers to estimate what lease payments should be on Toyota models. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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I'm thinking of leasing a Sienna XLE Lease- with AVP#1. I'd like 12K a year for 36 mos with no money down. If I negotiate a price on the car of 28,800...what would the lease work out to be? Monthly fee plus taxes (%6). I know the factor and residual are governed Nissan but I don't know what how to figure what the bottom line with be. Any help is GREATLY appreciated. Tks!
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Replying to: tishn (Jun 21, 2008 1:22 pm) |
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What am I doing wrong here... I'm trying to figure out the finance fee (rent charge) on a 2008 Toyota Sienna LE (option package #1). Gross Cap Cost roughly $26,585. The dealer told me the residual is $14,790 and the Money Factor is .00093. If I put down $1,000.00 that would make the Net Cap Cost 25,585, right? So, using the Edmunds formula, If I add the Net Cap Cost of $25,585 to the residual ($14,790) that gives me a sum of $40,375. Multiply that by the Money Factor of .00093 and you get 37.54. What am I doing wrong?
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Thinking of getting a Sienna Limited to get rid of our 08 Accord. We are also looking at leasing a 08 IS350 and posted that in the IS forum. Please help me out with monthly payments. We are looking at 36 months 12K miles a year 0 down 8.8% sales tax Excellent credit What monthly payment would that be? |
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Replying to: dabeles (Jun 26, 2008 6:58 am) Shouldn't you be subtracting residual from net cap cost? In lease, you only pay for the usage and in this case, usage is $25,585 minus $14,790 = $10,795. Add the money factor to this to get your monthly payment. |
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What is the Sienna Limited FWD's lease residual value? what is the money factor for top tier credit? I want to figure out monthly payments.
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